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Bellevue Gold Shares Jump Over 8% as Miner Posts Record FY26 Gold Production and Cash Build This Week
['Anthony Will']
International Business Times Australia
PERTH — Shares of Bellevue Gold Ltd rose 8.08% on Wednesday to close at $1.405, as the Western Australian gold producer continued to benefit from investor enthusiasm following record annual production results and an upgraded outlook for the coming financial year.
For the June quarter specifically, Bellevue produced 41,643 ounces of gold at an average head grade of 4.5 grams per tonne, achieving a metallurgical recovery rate of 96%.
Across fiscal 2026, the miner cut forward sales commitments by 83,000 ounces, or 55%, leaving Bellevue free of contractual hedge deliveries until the end of June 2027.
Upgraded Outlook for FY27Alongside its record annual results, Bellevue upgraded its production guidance for fiscal 2027 to a range of 150,000 to 170,000 ounces, at an all-in sustaining cost of $2,800 to $3,100 per ounce.
With record production, a strengthening balance sheet and an upgraded outlook for the year ahead, Bellevue Gold's operational trajectory has increasingly aligned with the broader bullish sentiment surrounding Australian gold producers in 2026.